![Beyond the hype: Solana's [SOL] incredible price action sustainable or not?](https://crypto-economy.com//wp-content/uploads/2021/10/marc-olivier-jodoin-NqOInJ-ttqM-unsplash-e1634878459107.jpg)
Beyond the hype: Solana’s [SOL] incredible price action sustainable or not?
Solana [SOL] joined the new high-club after smashing past the previously established peak. The major rally was spurred by the monumental debut of ProShares’ Bitcoin ETF
Solana is a layer 1 blockchain platform whose main goal is to compete with Ethereum‘s network. Improving scalability and reducing gas fees.
Solana aims to boost the development of new applications, offering an environment with greater scalability and higher transaction speeds, which would make it a blockchain accessible to everyone.
SOL, the native token of the Solana blockchain, has seen significant growth during 2021, capturing the attention of the entire investment community.
In this section, you will find the latest news about Solana and SOL.
![Beyond the hype: Solana's [SOL] incredible price action sustainable or not?](https://crypto-economy.com//wp-content/uploads/2021/10/marc-olivier-jodoin-NqOInJ-ttqM-unsplash-e1634878459107.jpg)
Solana [SOL] joined the new high-club after smashing past the previously established peak. The major rally was spurred by the monumental debut of ProShares’ Bitcoin ETF

FTX US, the US division of cryptocurrency exchange FTX, is entering the NFT space with the launch of FTX NFTs, a centralized non-fungible token (NFT) marketplace.

DeFi Technologies has launched a Solana exchange-traded product (ETP) on the Nordic Growth Market stock exchange (NGM) through its subsidiary, Valour Inc.
![Why investing in Solana [SOL] now might be very profitable right now?](https://crypto-economy.com//wp-content/uploads/2021/09/zac-durant-_6HzPU9Hyfg-unsplash-e1631723015359.jpg)
Solana [SOL] has attracted a tremendous rally this summer. Investors have been betting big on the crypto-asset of late. Will Solana recover from the September blues?

Solana Blockchain suffered outage on Tuesday that resulted in the stoppage of processing of transaction blocks on the network. The issue now seems resolved after a restart of the network.

Solana (SOL), the native coin of Solana blockchain, continues to fly higher and higher and yet more good news is that Osprey Funds has launched the USā first-ever Solana investment fund, Osprey Solana Trust, for private placement.
![Solana [SOL] hits a new peak, but do traders need to worry?](https://crypto-economy.com//wp-content/uploads/2021/09/light-3151723_1280-e1631209873731.jpg)
Solana [SOL] is flying high and there’s no stopping the rally. On September 7, the crypto market faced a massive drawdown period. But not Solana. After

Solana is experiencing great days in the market with an eye-opening price rise and increasing social dominance. The smart contract-focused blockchain is among the top projects

Even as Bitcoin [BTC] continued to struggle, Solana [SOL] smashed past $106 on August 30 breaking all previous records. Judging by the current price action, seems

Solana’s astounding rally aided in its latest triumph of scoring a new all-time high above $84 today. At a market cap of $23.67 billion, SOL has
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